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Calling B.S. on this move! Shorts scaring people and stops causing a domino effect. Warrants canceled or not only limits the upside. Exercised and we have a 20 bagger. If not 40+++ bagger. Time is running out on decision so sit back and wait.
20% retracement from high? Healthy if it intends to move higher!
$1.75-.80 should be bought. $2.00+++ is just a matter of time!
$1.95 to $1.86 on 400,000 shrs? Cute!
wish I knew and NO!
fast money guys bailing. .95 should hold and reverse. Over $1.00 by noon
Retracement is healthy. Lets hope that's what is happening!
Hmmm...I was thinking $1.20 before .50, just sayin'!
As compensation for its commitment to inject capital into the GSEs, the Treasury has also received warrants that give it the right (but not the obligation) to buy common stock in each of the GSEs—equal to 79.9 percent of total outstanding shares—for a nominal amount. Those warrants expire on September 7, 2028.
so lets assume the Gov exercises the warrants...approx. 7,000,000,000 shares = $4,620,000,000 ( if they can sell for .66 )
Let's also assume a reverse split ( makes little sense, imo ) 1-20 reverse would leave Gov 350,000,000 shares, but share price would increase to $13.20. $13,20 x 350,000,000= $4,620,000,000
Only way for Gov to maximize their warrants is to exercise here and let markets take it higher. Outstanding shares go from 1.8 billion to approx 9 billion. Not unmanageable. In short time, if the NWS is ended the stock could easily trade above $20. At $20 the Gov stake is worth $140,000,000,000! And we all know they are worth much more!
Numbers are funny. Yes down 30% since 8/17 but up 40% since 8/14. Twist them any way you like. glass half full...........?
Not me. At $20 and higher, I'll take a 5%++ dividend and hold. Let the kids worry about the Cap gains! haha
Up over 40% for week! Not too bad for FNMA
long term, this retracement is positive. Back and fill. Small consolidation in low '70's then we move higher. Once fast money guys are gone maybe over $1.00........ today?
Volume always precedes price. When this thing gets going, 50 million share days will be the norm!
If you did, I'd replace here!
Wait for the volume. This is nothing. Will be well over 100 million shares if freed! Just wait! Volume always precedes price!
If warrants are exercised but GSE's are freed, then it really doesn't matter if they are diluted 80%. This will fly! There will be NO new shares as the Gov holds warrants in the current FNMA. If new shares are issued and OLD holders shares are worthless, then so are the Gov warrants! Let them trade freely and retain their dividends and we're good going forward
Remember, volume precedes price! Maybe grasping at straws but so far twice the average 3 month volume!
Exercise already! Dilute the commons or not but just let us get on with our lives! Will easily shoot up if Gov overhang is over...Release, exercise, dilute, whatever. Just let it trade freely and find it's own level!
Whydo I get the feeling that the Gov warrants are exercisable into some other stock and not the one currently trading? They will be diluted as well if more shares are issued! They don't have warrants in a stock that doesn't exist, do they? Still believe that the Gov is best served with the current stock much higher if they intend to keep the warrants, imo
What am I missing? If warrants are exercised...8 billion shares X .40 = $3,200,000,000. Unless the gov gets a better price then the stated public price, where is this windfall? Isn't in the best interest of all to get the price into dollars? Honestly, freeing them, re-listing and letting shares trade freely would definitely move this MUCH higher. Everyone wins! The gov warrants are only 8 billion shares which will be gobbled up quickly if they are allowed to keep. And any talk about a secondary is moot as the warrants would be reduced as well. Dollar amount would stay the same....
All this talk about dilution? Can anyone explain how commons would be diluted without the Gov's warrants being diluted as well? If my memory serves me, they have warrants on the CURRENT stock not any new issue! Oh....the big offer at .49 will be bought soon, imo. Stocks can't go up without sellers!
Maybe we can recruit Congressman George Santos to lobby for us! He can get us whole at $199.99 at a time! These are the people we have to rely on? Pathetic!!!!
that's a bit negatve even for the doubters! Strongly disagree!
anything below .45 is a gift. Patience, we are in the 4th qtr
Back and fill is a good sign. Happened on much less volume as the move higher. Will see what this afternoon brings but the path of least resistance is up!
At this juncture, if Gov wasn't on hook for past interest and no repayment of NWS.....AND was able to convert warrants into approx 5 billion shares, stock would still immediately shoot much higher. Gov would eventually sell off their portion because they will need it and shareholders would eventually be rewarded. Courts won't help, lawsuits are a waste of time and since warrants have a '28 expiration, the Gov won't let them expire worthless. This will eventually work itself out as time is finally on our side!
Did they take down message # 730?
Of the 10 Congressioal perks, this one, in my mind , stands out.
#4. Weakened insider trading restrictions
Despite passing the Stop Trading on Congressional Knowledge Act, perhaps known better as the STOCK Act in 2012, Congress gutted the primary disclosure component earlier this year. While still making it difficult to make trades on inside information, this means they don't have to publicly disclose their trades and potential insider knowledge. It's laudable they passed the restrictions, but it's hard keep them honest if it's difficult to access the information.
This is what we're up against. Keep an eye out for any unusual volume as these "representatives of the people" will load up prior to any announcement!
If we threw them ( GOV ) a bone and have them agree to canceling the NWS and keeping half the warrants, this thing shoots to $10+++. What would you rather have, 79% of sub $1.00 or 40% of $10, $15 or $20? They deserve nothing and need to repay but that's not looking good. In order to speed up the process, maybe we need to renegotiate. Anything to unlock the value. What happened is criminal but life is short and 2040 is too far away!!
agree 100%. Actually $5.00 wouldn't even be in the rear window!
Obviously I'd prefer the stock to trade higher but the volume is becoming interesting. Regardless of price volume dictates change. Volume will always precede price. Decent volume, 10 million +, should signal a price change.....Hopefully with increased volume we will see a bottom!
Hear me out! Gov owns and exercises approx 5 billion shares at??? What is that worth?
Earning approx $20 billion yearly and 7.5 billion shares outstanding is $2.65 eps, in round numbers. At $10 the company can retain $16.2 billion and pay a small .50 dividend which will attract many large investors. As earnings increase and gov slowly exits their position, I believe its shares will be gobbled up quickly. I'm not looking at the old $60 pps but down the road certainly a $20 pps and a $.75-$1.00 dividend that all can live with. Gov allows a slow recap because it benefits them. Unless of course the Gov never releases and takes it all, as someone mentioned earlier! I'm praying that someone will step up and put this fraud to rest and releases. Everyone in Washington will line their pokets 1st, I'm sure.Politics suck!
Ok, the Gov warrants are basically worthless here, so what is their end game? Although its down the road ('28 ), they do expire. Somewhere in the neighborhood of 4.5-5 billion shares, if my math is correct, will bring in less than $2.5 billion. If they intend on keeping the warrants and exercising, a cheap shae price only hurts them. I'm having a hard time believing the U.S. Treasury won't monetize these warrant at some point. They are greedy and ruthless but not dumb. Calling for a higher stock price seems a bit crazy but.....I guess I'll be here till either 0 0r $10+
NWS canceled and warrants retired. Any reasonable arguments against that happening? No Gov penalty for overreach just them walking away. Too much to ask? I have NEVER read a reasonable explanation why this can't happen other than,'it's the government"!
Without cooperation from Lamberth, this is heading for a mistrial. Might be our best path forward as he is now impeding this trial!
I'll take canceling the warrants and NWS and let them trade freely to find their own price level. Although I would love some compensation, Fannie and Freddie would eventually trade at a much higher multiple if left alone. Give it 6 Mos to a year and all will he forgotten
.49 to .63 on July 14th. 50% retracemnet to .56 is classic. No reason to think otherwise. Bottom could be in! Consolidation with volume will confirm!
Down 6%-7% is still painful but volume doesn't confirm! Lack of buyers will cause this slow drip. No real selling pressure. When buyers return, imo soon, price will reflect it. This should never trade at these low levels! Even if warrrants stay and no monies are returned, this stock is still greatly undervalued!
A little resistance in the low .70's was expected. Should move back to .68-.70 buy EOD